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Tackling Endeavour To New Glory

Shandong Jin Cheng Petrochemical King Financial Group Chairman Zhou
– To visit the Jincheng Petrochemical King Monetary Group Chairman Zhou

Editor’s Observe: Shandong Jincheng Petrochemical Company Huantai County in Shandong Province, founded in April 1992, based on petrochemical-primarily based enterprise group, which employs 1,200 folks, 2 billion yuan of whole belongings. Over the past decade, the group group of people to hold forward the “onerous Enterprise , United wrestle, the pursuit of effectivity, courage and dedication, “the entrepreneurial spirit, out of a scratch, from weak to robust, self-accumulation, the regular improvement of his personal.

In the petrochemical industry, the “Massive Three” robust mild cover many enterprise brilliance. But actually there are so quite a few petrochemical companies in the rapidly growing. Jincheng Petrochemical Corporation is a traditional. In 2006, China Petroleum and Chemical hundred Business Summit being held, the author of the Shandong Jincheng Zhou Jing, chairman of Sinopec Group conducted a short interview with Choi.

Writer: odd folks could only know in the oil, Sinopec However I do not know Jincheng, Jincheng, what position

Zhou Jing Finance: Group petrochemical-primarily based trade, the main product of 93 #, ninety # automotive unleaded gasoline, Diesel fuel , LPG , Coke, naphtha, mild oil, light gas oil and propylene. “Only by grasping the opportunity to be within the fierce market Competition Within the initiative, which is our Jincheng Petrochemical Leadership Crew has always adhered to a principle for a few years. “

Writer: Jin Cheng is a step-by-step how you can enlarge and strengthen it
Zhou Jing Choi: from the start with the 1998. That year six months we Funding Building of a catalytic cracking unit, and achieved good economic benefits. Since then, Jincheng Petrochemical intently the market, and seize the opportunity to be taking a giant step the pace of growth.

2001, we residue in accordance with nationwide industrial coverage and the truth of the market, spend money on a delayed coking, and complete diesel hydrotreating unit, at that time, coking unit much less plentiful and low cost uncooked materials, business in just a 12 months to recuperate the investment, thus towers of hanoi puzzle laying the idea for improvement in a single fell swoop. In 2004, enterprises CGO constructing because the raw materials and 80 tons of heavy oil catalytic hydrogenation of the joint gadget, while supporting the development of re-gasoline separation plant. Business has expanded quickly, the strength has been additional enhanced.

For an additional round of improvement in recent times, the peak, the corporate leveraged have a big building undertaking, we fastidiously analysis and put ahead a “sturdy and big” slogan, it is essential to “stronger” and also to be “greater”, the premise of making certain the economic growth of the scale and keep Health Asset structure, the enterprise of stable, sustainable and speedy progress.

2005 eleven months, in response to long-term growth Jincheng Petrochemical Planning Whole investment of 300 million yuan, Jin Cheng petrochemical relations strategic adjustment to stabilize the primary foundation of the a hundred and fifty tonnes of heavy oil processing plant went into operation, the second step to the chemical course, take the working traits of “oil-based mostly built-in oil head of tail “of the road lay a superb basis.

Creator: Market financial system Many enterprises underneath the situations of the veterans can be timely observe-up, resembling fashionable Enterprise management System. Jincheng what administration suggestions you

Zhou Jing Choi: As a younger oil firm, in the external environment, we can’t giant compared to petroleum and petrochemical companies, we’ve got only been in a position to realize sooner growth and higher economic effectivity, the key is that we in the management and growth on the idea of their actual adherence to low-value operation, characteristics, operations.

The quality of a mission lies in its payback interval, we Jincheng Petrochemical building projects is always very cautious, but as soon as decided, instantly, go all out to grab market opportunities in a well timed manner to ensure the building of a profitable one. For example in 2001, in accordance with Residue market circumstances we noticed a great coking unit price, in keeping with national industrial coverage. Mission choice, we go all out, in February began in October on the realization of the coking and transport diesel hydrogenation system, the device runs less than a 12 months to recover the investment. After 2003, as a result of construction of the country have coking unit, leading to coking gasoline oil worth plummeted in 2004, we in flip its attention to the coker fuel oil, companies decided to build 800,000 tons of coking gasoline oil and heavy oil catalytic hydrogenation of the joint device, while supporting restructuring and gasoline points. To grab this good alternative, we’ve got adopted a mature and reliable applied sciences and processes, the power of help for dumping the entire firm initiatives, the development course of to beat the difficulties. This is how we regularly replace the technology, and keep us forward, in order to widen the hole edge.

Writer: Kim Chen what plans the following step
Zhou Jing Choi: 2005 Pension Cheng obtain Sell Earnings of practically 40 billion yuan, profits of 340 million yuan, enterprise established thirteen years in the past, profit and tax targets more than 70% common annual rate of fast development. While maintaining a fairly rapid speed of development, however the size and is effective regardless of the country is still a “nobodies.” Face a brand new spherical of development of home boom and industry tendencies, we’re increasing the stress of competitors, present, our predominant task is to comprehensively enhance the extent of internal administration, grasp new initiatives to make sure completion of tasks in accordance with plan manufacturing, enhance production effectivity. We might be in operation traits of the highway, within the cracks develop, grow within the exploration, the complete utilization of vitality manufacturing services for the infrastructure, cut back prices, improve efficiency, increase our strength. I wish to comment

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